Leased this home in Under 30 Days with a $200 Lift in the rent. Great areas create better and better income and this is just another example. The old lease was $1250
Last tenant stayed 18 months....Rent will be increasing $200 a month that is a 14% increase in rent.Let's look at the Approx income Lease $1450 Tax $219 Insurance $60 Property Management $125 Net $1046 $12,552 a year
Approx Equity $50,000
I partner up with Avalon Group Realty to do all the property management Call Lori 440-695-3379
Need Real Estate Call me (Brett) 216-703-5740 Fathom Realty or Whatsapp me at the same Number
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Thank you